Woo Family Welfare Association (EIN 237032743) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Phone

4154331570

Tax Period

2024-01-01 to 2024-12-31

Woo Family Welfare Association, founded in 1954, is a small nonprofit that reported $130K in total revenue in fiscal year 2024. Revenue surged 481% from the prior year, signaling strong growth momentum. The organization ran a surplus of $104K, a strong 80% operating margin.

Mission

To promote fraternal, educational and cultural affairs of our community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,670

Program Service Revenue $0

Investment Income $127,748

Other Revenue $0

TOTAL REVENUE $130,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,820

Other Expenses $26,626

TOTAL EXPENSES $26,626

Year-over-Year Comparison

	2024	2023	Change
Revenue	$130,418	$22,442	+4.8%
Expenses	$26,626	$21,974	+0.2%
Net Income	$103,792	$468	+220.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rui Xing Hu	President	002.00	Officer	$0	$0	$0
Steven Woo	Vice-President	002.00	Officer	$0	$0	$0
Weiliang Hu	Secretary	002.00	Officer	$0	$0	$0
Tian Xiang Hu	Treasurer	007.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$130,418	$26,626	$889,175	$103,792
2023	$22,442	$21,974	$785,383	$468
2022	$23,134	$19,529	$784,915	$3,605
2021	$23,408	$16,427	$781,310	$6,981
2020	$25,379	$20,282	$774,329	$5,097
2019	$32,030	$46,907	$769,232	$-14,877
2018	$45,047	$38,711	$784,108	$6,336

Woo Family Welfare Association